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Solarcity

Marcoose said:
FTFY, so you don't come across as arrogant.
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Instead of you trying to be my mom, why don't you just make a counterpoint? Because from where I stand, I see a lot of people educating me about PPAs who apparently haven't actually looked at a PPA contract any time in the last year.
 
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mercurial said:
How about this, instead of you trying to be my mom, why don't you make an actual legit counterpoint?
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I've already made the counterpoint. You don't know other people's financing, living situation, etc. You're throwing a blanket over every home solar system based on your situation, and dissing those that didn't do like it worked for you. News flash: ownership works very well for thousands and thousands of people.


Now go make your bed. :twofinger
 
mercurial said:
my contract reduces the power bill for the house by a substantial percentage and it adds value to my house. Given today's tight real estate market, if you tried to pull that attitude you're just going to get a big "see ya!"
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I'd be the one telling them to fuck off, thanks. It does not add value to the house, sorry.
 
what he is saying, based on financial principles, with the terms he outlined his contract, it is not the best possible outcome for anybody to buy the array or equipment. this is a mathematical fact. the IRR and NPV for buying the array will always be lower (way lower) then signing a PPA with the terms above
 
not bullshit, you just don't understand basic financial principals. show me the numbers and terms of an agreement where somebody buys thier equipment, and I will put togheter an excel spreadsheet that compares teh IRR and NPV of that contract and a PPA with the terms above, and you can see, in dollars and cents, it is not bullshit
 
oh, i looked at my contract. it says nothing about an NDA, so i can post it if you like and you guys can pick it apart
 
mlm said:
- Haven't confirmed, but you might be able to claim at least some of the cost of a new roof on the 30% tax credit
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Wow didn't realize that. I had to reroof due to shingles being in bad shape.
 
A PPA lease doesn't add value to your house unless you have rates locked in lower than what are currently available. I agree that in today's sellers market it doesn't detract from value, but wouldn't say the same in a buyer's market.

I did an analysis using conservative production estimates, static electricity prices, and a 3.5% finance rate. I'll hit break-even around 9-10 years. When compared with $0.17 rates I get break even a few years later. This is for a higher quality and less maintenance intensive system than the PPA deals (I did look at) provide

Like I said. The bigger issue with system purchase is that most of the quotes are unreasonably high. My co-worker paid $11000 for a system nearly identical to ones I was seeing quotes come in for $17000. It's this $6000 that makes the PPA an advantage. That or I suppose people think the PPA vendors are in it to lose money.

In any case, here is an easy way to get started to get quotes. Won;t vouch the competitiveness of what you'll find, but it's a good starting point
https://www.energysage.com
 
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